Credit: Contributed

Cannabis industry course offered at Okanagan College

The school of business is offering industry courses in Kelowna

Business students at Okanagan College are looking to expand their knowledge in the cannabis industry.

As the federal government pursues the legalization of the recreational cannabis industry under the proposed Cannabis Act, a group of students will seize the opportunity to learn about the regulatory process and business impacts in a new course offered this fall, according to Okanagan College.

“Our third and fourth-year students will have an unprecedented chance to monitor the regulatory and legislative process of a new sector as it unfolds,” said David Cram, the course’s instructor and a 26-year veteran Okanagan College professor.

Related: Cannabis company licensed in Kelowna

“The reality is students are hearing and reading about this topic and can relate to it. Our goal is to join the conversation by providing them with an unbiased research-based perspective.”

Topics covered in the Bachelor of Business Administration degree elective course, The Emerging Marijuana Industry, will include: regulation requirements, legal and legislative frameworks, pricing issues and risk assessments, impact on auxiliary industries (such as tourism, health, agriculture, law enforcement), and business ethics, said Okanagan College.

The course is intended to provide an objective perspective and will not include manufacturing or technical operational content.

“There is great benefit in preparing a business community to know more about the cannabis industry that is clearly shaping up to be an important part of Canada’s growing economy,” said Cram. “One way to mitigate industry challenges is to promote and advance research. The more we know, the more oversight and accountability, the better and safer people will be.”

A CIBC World Markets report published last year estimated the national recreational cannabis industry is valued at $5 to 10 billion. Medicinal use is legal and has been a popular treatment for some ailments and pain managements including for arthritis and cancer. The course will also discuss the legitimate medicinal side of the industry, according to Okanagan College.

“As educators, we have a responsibility to prepare students for the world ahead by providing a thought-provoking learning environment,” said William Gillett, dean of the Okanagan College school of business. “Our special topic courses, such as this one, are relevant to the changing and emerging business environment students will face upon graduation.”

Just Posted

Penticton Vees clinch fifth straight win

The Vees bested the Prince George Spruce Kings in a shootout on Jan. 18

Crosswalk coming to intersection near Penticton events centre

After years of plans a crosswalk is expected to be built on Alberni Street on Highway 97 this year

SOWINS dinner and concert fundraiser Jan. 25 at the Nest & Nectar

Yanti & Company will be performing a partially by-request concert

South Okanagan dangerous offender in court for violating no-contact order, sends letter to victim

Wayne Belleville was shocked to see a letter addressed to him from his shooter, Ronald Teneycke

Celebrate women in business with the 26th Annual Mainly for Women Trade Show

Presented by Women of Oliver for Women (W.O.W.) on Feb. 16

Self serve doggy-wash poised to change dog grooming industry

Add money, start spraying to wash dog in the K9000

Osoyoos has opened applications for 2019 Community Service Grants

The deadline for applications is 12 p.m. on Feb. 22

Anxiety in Alaska as endless aftershocks rattle residents

Seismologists expect the temblors to continue for months, although the frequency has lessened

Women’s March returns across the U.S. amid shutdown and controversy

The original march in 2017, the day after President Donald Trump’s inauguration, drew hundreds of thousands of people

Federal Liberals announce former B.C. MLA as new candidate in byelection

Richard Lee will face off against federal NDP leader Jagmeet Singh

No winning ticket in $10 million Lotto Max jackpot

No win in Friday night’s draw means the next Lotto Max draw will be approximately $17 million

Scientists ID another possible threat to orcas: pink salmon

For two decades, significantly more of the whales have died in even-numbered years than in odd years

Burnaby byelection turmoil sparks debate about identity issues in politics

The Liberals still have not said whether they plan to replace Wang, who stepped aside Wednesday

B.C. woman planned to donate a kidney to her husband, then found out she has cancer

Richard Stuart needs a kidney, his wife Tracy has been diagnosed with cancer

Most Read